In today's New York Times, Elizabeth Becker and David Sanger
report that President Bush refuses to deviate from his administration's policy
not to increase aid for Africa, despite strong support
for such a proposal from US allies including Great
Britain. Thus, in the run-up to the G8
summit in Scotland
next month, I find myself asking, "What's the private sector's response?"
While many in the development community have latched onto the
double-aid-for-Africa bandwagon, it’s looking less and less likely to happen as
currently packaged. Sorry, Jeff Sachs and Co.
So what's the next step? With the Bush Administration firmly in business'
corner, perhaps now is a good time for the private sector to step up and talk
about business opportunities in low-income markets. I’ve heard about two events
happening in Scotland
around the G8 meeting. The first will be co-organized by the Partnership
to Cut Hunger and Poverty in Africa and the German
Marshall Fund. The second will be run by Business Action for Africa. Both seem pretty interesting, and
high-level. Hopefully something real will
result.
On Net Impact: "Diarrhea Needs a Rockstar"
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